Cost Pricing And BurnCost

Amazon AI infrastructure spend and cash flow compression

March 25, 2026Trace Cohen

Trace Cohen highlights Amazon spending 94% of operating cash flow on AI infrastructure and a sharp free cash flow drop, framing AI capex as a massive balance-sheet bet.

Amazon is spending 94% of its operating cash flow on AI infrastructure.
Their free cash flow went from $33B to $8B in one year.
I built a dashboard tracking $764B+ in AI spend across Meta, Microsoft, Google, Amazon, Tesla, NVIDIA, and Apple
Trace Cohen
infrastructurecapexmicrosofttesla

See what experts are saying right now

This finding is one of many signals tracked across Indiehacking. The live feed updates every few hours with new expert voices, debates, and emerging ideas.

← Back to Indiehacking